KOREA EXIMBANK GRANTS FUND FOR ETHIOPIA BRT CORRIDOR CONSTRUCTION

KOREA EXIMBANK GRANTS FUND FOR ETHIOPIA BRT CORRIDOR CONSTRUCTION

Ethiopia gets US$63m grants from Korea Eximbank for construction of BRT corridor B6 construction. Korea Eximbank has sign a deal with Ethiopia to fund the construction of a BRT corridor road. The BRT corridor will contribute towards easing transportation problem in the city. Bus Rapid Transit (BRT) corridor is a section of road or contiguous roads served by a bus route or multiple bus routes. With a minimum length of 3 kilometers (1.9 miles) that…

Read More

CONSTRUCTION OF 178 MEGAWATT SOLAR POWER PLANT TO KICK-OFF IN ZIMBABWE

CONSTRUCTION OF 178 MEGAWATT SOLAR POWER PLANT TO KICK-OFF IN ZIMBABWE

Construction of solar power plant set to kick-off in early 2020 which will increase electricity supply in Zimbabwe. RioZim is set to kick-off construction of 178 megawatt solar plant after a chinese bank agreed to bankroll the project. The project will ameliorate the crippling power crisis buffeting the entire economy. The deal with is worth US$200 million was signed by RioZim and Chinese firm, China Gezhouba Group International Engineering Corporation (CGGC). This fund will be…

Read More

CONTRACTORS HALT ZAMBIA’s KAFUE GORGE HYDROELECTRIC DAM

CONTRACTORS HALT ZAMBIA’s KAFUE GORGE HYDROELECTRIC DAM

Sinohydro halt construction of Kafue Gorge hydroelectric dam due to difficulties beyond its control. Construction of Kafue Gorge hydroelectric dam was put on hold by China’s state-owned Sinohydro. The dam was put on hold due to “difficulties beyond its control” according to Sinohydro. The construction which kick-off in 2015 has employed more than 5,000 people. However, it is a major blow as the country is trying to reduce it dependence on other nations. It has also…

Read More

TWO SOLAR PHOTOVOLTAIC PLANTS SET FOR CONSTRUCTION IN KENYA

TWO SOLAR PHOTOVOLTAIC PLANTS SET FOR CONSTRUCTION IN KENYA

Radiant and Eldosol plants set to commence after consortium companies agrees financial deal. Construction of two solar photovoltaic plants is set to kick-off after deal was agreed. The deal which is worth US$147m will diversify Kenya’s electricity supply away from both rain-dependent hydro and fossil fuels. It will also contribute to improving grid stability and cater for expected increased in energy use in the coming years. According to the deal, European Investment Bank and FMO will…

Read More

AFRICA’s TALLEST BUILDING TO GET 360 DEGREES VIEWING DECK IN SOUTH AFRICA

AFRICA’s TALLEST BUILDING TO GET 360 DEGREES VIEWING DECK IN SOUTH AFRICA

Leonardo skyscraper to have 360 degree viewing deck as part of plans to promote tourism. Leonardo skyscraper which is africa’s tallest building will soon have a deck turning 360 degrees. This is after developers made a greater plans for the R3 billion mixed-use development and surrounding area. The 234m skyscraper new plans will aim to attract tourists in south Africa as well as the continent. It will have a viewing deck and the ‘Sky Bar’…

Read More

RWANDA PRIME MINISTER VISIT UNOPERATIONAL PROJECT AFTER YEARS OF COMPLETION

RWANDA PRIME MINISTER VISIT UNOPERATIONAL PROJECT AFTER YEARS OF COMPLETION

Rwanda Prime Minister visit unoperational projects but will it yield any outcome? Rwanda Prime Minister Edouard Ngirente has visited two projects that is still unoperational after completion. The projects are Burera Beach Resort Hotel in Kagogo Sector and Burera Dairy in Cyanika Sector. The Burera Beach Resort Hotel is aimed at enhancing tourism in the area. It will also boost revenues generated by the district. As tourists visiting Urugezi valley, Burera and Ruhondo twin lakes…

Read More

CHINA PLANS TO SUPPORT ZIMBABWE WITH FINANCIAL FUNDS

CHINA PLANS TO SUPPORT ZIMBABWE WITH FINANCIAL FUNDS

Financial support at the heart of China plans for Zimbabwe development. China is set to raise fund for Zimbabwe development. This funds which is worth US$2.1 billion will increase development aim as well as improve on the current exiting funds. In 2018 alone, Zimbabwe benefited from different grant as well as the foreign direct investment (FDI). As China is the only country that has done most for Zimbabwe through provision of grants and loans. China’s…

Read More

DELTA STATE GOVERNMENT REOPEN WARRI-BENIN HIGHWAY IN NIGERIA

DELTA STATE GOVERNMENT REOPEN WARRI-BENIN HIGHWAY IN NIGERIA

Warri-Benin Highway reopens but when will the federal government start leading by examples for all Federal road projects. Government of Delta state in Nigeria has reopen the warri-benin highway. The highway which was close due to the reconstruction of the road project. Meanwhile, the announcement was made by State Commissioner for Information, Mr. Charles Aniagwu. The re-opening of the road has been well received as resident having been facing challenges traveling through the warri-benin route….

Read More

GHANA HEALTH MINISTER ANNOUNCE 80 BED CAPACITY POLYCLINIC AT KASOA

GHANA HEALTH MINISTER ANNOUNCE 80 BED CAPACITY POLYCLINIC AT KASOA

Why did it take so long for Ghana ministry of health to intervene after project has been abandoned. Construction of 80-bed capacity Polyclinic at kasoa will soon kick-off according to Ghana Health Minister. The project will aim to help resident of Kasoa have access to good health care facilities. Speaking to reporters, Minister Kwaku Agyeman-Manu said as soon as funding is secured, the contractors will complete the work. The project is currently under the hands…

Read More

HEAVY RAIN AFFECT WA WEST DISTRICT, CUTS OFF 19 COMMUNITIES IN GHANA

HEAVY RAIN AFFECT WA WEST DISTRICT, CUTS OFF 19 COMMUNITIES IN GHANA

Why are the government ignoring the request and what can resident in such communities do to tackle this inhumane treatment?. Wa West District which is in the Upper West Region of Ghana has been affected by heavy rainfall. This has resulted in at least 19 communities having difficult access the district. The rain is causing a big problem for resident as they are unable to access various communities. It has also resulted in Kolle River…

Read More

KENYA GUSII STADIUM STILL LACKS PROPER RUNNING TRACKS DESPITE FACELIFT

KENYA GUSII STADIUM STILL LACKS PROPER RUNNING TRACKS DESPITE FACELIFT

Will contractors in africa ever get thing right without people complaining about each project after completion? Gusii Stadium which was refurbish a year ago stands as the one of the best sports facilities in Kenya but there are concerns over its poor running track. This is after athletics complained about the poor nature of the facilities during Kenya Communications Sports Organisation (Kecoso) games. Nyanza South Athletics Kenya chairman Peter Angwenyi said “As technical officials of…

Read More

ZIMBABWE PRESIDENT LAUNCH NORTH-SOUTH CORRIDOR ROAD REHABILITATION

ZIMBABWE PRESIDENT LAUNCH NORTH-SOUTH CORRIDOR ROAD REHABILITATION

President Mnangagwa launch road rehabilitation under Japan US$21 million infrastructural development grants. President of Zimbabwe Emmerson Mnangagwa has launch the north-south corridor road rehabilitation. The road rehab will fall under the US$21 million grants from the Japanese Government. This grant will help support the Japanese engineers and the Ministry of Transport and Infrastructural Development. Speaking during the ceremony, President Mnangagwa said the  development was part of Government’s thrust to develop robust and modern infrastructure. It will…

Read More

REVOLTA AND ValU LAUNCH ELECTRIC CAR RECHARGE CARD SERVICE IN EGYPT

REVOLTA AND ValU LAUNCH ELECTRIC CAR RECHARGE CARD SERVICE IN EGYPT

Revolta Egypt plans to provide recharge cards for electric cars with support from ValU ValU and Revolta Egypt are set to launch an electric car recharge cards finance service. The aim of the project is to help customers benefit using the company’s online platform. Speaking during the signing ceremony, Chief business officer at ValU, Mohamed El Shabrawy said ValU currently provides EGP 300m financing. But the company aims to reach EGP 380m by the end of…

Read More

PICTURES OF KERICHO BYPASS CONSTRUCTION IN KENYA

PICTURES OF KERICHO BYPASS CONSTRUCTION IN KENYA

Kenya’s President’s Delivery Unit team announce progress of US$4.3m (Ksh.445.7m) Kericho bypass project. Kericho is the biggest town in Kericho County as it is located in the highlands west of the Kenyan Rift Valley. The place has a warm and temperate climate making it an ideal location for agriculture and in particular, the large scale cultivation of tea. So the construction of a bypass will not only bring out the beauty but also encourage faster…

Read More

CONSTRUCTION DEAL BOOST HOUSING IN YOBE STATE, NIGERIA

CONSTRUCTION DEAL BOOST HOUSING IN YOBE STATE, NIGERIA

Gov buni sign deal with Family Homes Fund for the construction of 2600 housing units in the state. Governor of Yobe State, Mai Mala Buni has signed a deal with management of Family Homes Fund for the construction of 2600 housing units. This housing unit will be spread across Yobe State so that people can benefits from it. Speaking during the signing ceremony held at the Yobe Governor’s Lodge, Asokoro, Abuja, Governor Mai Mala Buni…

Read More

QATAR TO INVEST IN SOMALIA PORT

QATAR TO INVEST IN SOMALIA PORT

Qatar representatives meet with Somalia’s prime minister over plans to build a new seaport in Hobyo, Somalia. The Qatari group arrived in Mogadishu, the capital, on Monday and is led by Deputy Prime Minister and Minister of Foreign Affairs H E Sheikh Mohamed bin Abdulrahman Al Thani In a press conference following the meeting, the Ministry of Transportation and Communications said Qatar Ports Management Company will enter an investment partnership with Somalia to build the…

Read More

RWANDA GOVT. TO INCREASE FUND FOR HEALTH INSURANCE SCHEME

RWANDA GOVT. TO INCREASE FUND FOR HEALTH INSURANCE SCHEME

Mutuelle de santé scheme set to get extra fund from Rwanda government. Rwanda Government is providing extra funds for community-based health insurance scheme. The scheme which is known as mutuelle de santé, will raised the country’s prospects of attaining universal health insurance coverage. The fund which is worth US$10million (Rwf10billion) was announced by Rwanda Social Security Board (RSSB). Meanwhile, it will also guarantee the stability of the country’s largest insurance scheme with the scheme. This…

Read More

ZIMBABWE TO BORROW US$1.9BN FROM G7 NATIONS TO PAY DEBTS

ZIMBABWE TO BORROW US$1.9BN FROM G7 NATIONS TO PAY DEBTS

Zimbabwe plans to borrow fund from G7 nations but is that a wise choice? Zimbabwe Government is planning to borrow US$1,9 billion from G7 nations in order to pay their debts. The G7 nations which are France, Italy, Canada, Germany, United States, Japan and United Kingdom. The funds will be use to clear debts to the African Development Bank (AfDB) and World Bank according to Minister of Finance and Economic Development Mthuli Ncube. Speaking during…

Read More

EGYPT AND SOUTH KOREA IN TALKS OVER FREE TRADE AGREEMENT

EGYPT AND SOUTH KOREA IN TALKS OVER FREE TRADE AGREEMENT

Egypt and South Korea making plans to sign FTA but will the host nation be ready to face both pros and cons of the FTA agreement. Egypt and South Korea are currently in talks over a free trade agreement (FTA). This agreement will help boost trade exchange and joint economic cooperation according to  South Korean Ambassador to Egypt Yeocheol Yoon. Speaking during the DNE attendance of the preparation for the online live stream of the…

Read More

KIENI CONSTITUENCY SECURE FUNDS FOR HOSPITAL CONSTRUCTION

KIENI CONSTITUENCY SECURE FUNDS FOR HOSPITAL CONSTRUCTION

Kieni constituency to build level four hospital after securing funds from Ministry of health in Kenya. Kenya’s  Kieni constituency has secure fund for the construction of a level four hospital. The fund which is worth US$541k (Sh30 million) will help them have another existing level four hospital in the constituency. Kieni MP Kanini Kega made the announcement after telling residents that the ministry of health has allocated the fund. He said that the hospital building…

Read More
1 80 81 82 83 84 89